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RESOLUTION NO. � � -3 ^ O <br /> RESOLUTION AUTHORIZING EXERCISE OF OPTIONS <br /> AND PURCHASE OF PROPERTY <br /> - MUNICIPAL PARKING LOT 5 - <br /> BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF DECATUR, <br /> ILLINOIS: <br /> Section 1. That the City Manager and the Corporation <br /> Counsel be, and they are hereby, authorized and directed, on <br /> behalf of the City, to exercise those options contained in the <br /> leases approved by Resolution No. 86-125 by giving the <br /> appropriate notices in accordance therewith, said options <br /> providing for the purchase by the City of that property commonly <br /> known as Municipal Parking Lot 5 for the price of $267, 000. <br /> Section 2 . That said officers be, and they are hereby, <br /> further authorized and directed to cause said consideration to be <br /> paid and to receive and accept a deed or deeds in return <br /> therefor, all in accordance with the terms of the leases <br /> referenced herein. <br /> PRESENTED AND ADOPTED this 17th day of May, 1993 . <br /> f' �,,/� ;� <br /> �i j w- <br /> � �� �. <br /> ERI C. BRECHN Z <br /> Mayor <br /> ATTEST: <br /> � <br /> TY CL RK <br />